During the day, people were still discussing 78,000 and the ETF approval turning positive; at night, the price simply surged past it.
Wu said: Dynamis with HTX — On September 18, Bitcoin broke through $80,000; it’s currently quoted at about $80,150, up about 4.99% over the past 24 hours. In the same time window, Coinglass looks even sharper: over the past hour, total liquidations across the market were about $187 million, with shorts around $178 million and longs about $8.22 million. By asset: BTC liquidations were about $119 million, and ETH about $36.04 million. Afterburner monitoring: “BTC OG insider whale” — agent Garrett Jin opened long positions of about 1,330 BTC in the past 4 hours (about $107 million), with an average entry price of $78,057, and unrealized gains of about $3.05 million.
Just one sentence to judge it: this acceleration was driven by short-squeeze pressure, not a confirmed signal of the institutions fully covering. IBIT turned positive only one day during the day, and the ETH ETF is still seeing outflows. For the short term, what you should watch is whether it can hold above 80,000, and whether there’s follow-through after the liquidation wave fades. Don’t treat a one-hour burst of short liquidations as a trend-page turn.
Not investment advice.